The EUR/ GBP currency brace is facing patient downcast pressure, with the price action indicating a implicit decline of 30 to 44 pips in the coming sessions. The request’s incapability to break above the 0.8345 resistance position reinforces the...
At the time of jotting, the NZD/ USD currency brace on the H1 map is witnessing a northern correction and is deposited at 0.56556. The InstaForex index on the forum suggests mixed signals the first part indicates a buyer advantage at 63.52, while...
NZDUSD currency pair - D1 period chart. February’s first trading week concluded; January preceded it, exhibiting varied movements. There was a good upward correction, which was preceded by a bullish divergence on the MACD indicator used, but they...
GBP/USD Technical Analysis: GBP/USD has been a bit mixed for me this week. It stayed around 1.26 after failing to break the key resistance at 1.2650. The 50-day SMA is acting as resistance, while 1.2500 provides support, with the 200-day SMA...
Technical analysis of USDJPY Today I picked USD/JPY for technical analysis, and the market price fell one level and is now closer to the trend line, helping to push the price higher. After breaking the market price support at 150.96, it also damaged...
